Common use of Allocation Procedures Clause in Contracts

Allocation Procedures. The Plan Administrator shall establish nondiscretionary allocation procedures for purposes of the allocation of Fund Earnings under section 6.2(a), which procedures shall be set forth in writing with the records of this Plan. If so specified in such procedures, the balance in each Account shall be determined after adjusting for all or a portion of the contributions and other amounts credited to or debited from such Account since the preceding Valuation Date. Further, if so provided in such allocation procedures, Fund Earnings shall not be allocated to any Forfeiture or to the balance in any suspense account described in section 7.2(b).

Appears in 3 contracts

Samples: Oshkosh B Gosh Inc, Oshkosh B Gosh Inc, Oshkosh B Gosh Inc

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Allocation Procedures. The Plan Administrator shall establish nondiscretionary allocation procedures for purposes of the allocation of Fund Earnings under section 6.2(a(S)6.2(a), which procedures procedure shall be set forth in writing with the records of this Plan. If so specified in such procedures, the balance in each Account shall be determined after adjusting for all or a portion of the contributions and other amounts credited to or debited from such Account since the preceding Valuation Date. Further, if so provided in such allocation procedures, . Fund Earnings shall not be allocated to any Forfeiture or to the balance in any suspense account described in section 7.2(b(S)7.2(b).

Appears in 1 contract

Samples: Community First Banking Co

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